The difference between Wuyang Honda and Xindazhou Honda:
1. Wuyang Honda is a state-owned enterprise, while Xindazhou Honda is a private enterprise.
2. Wuyang Honda is controlled by the government, while Xindazhou Honda has a majority of Japanese shares.
3. Wuyang Honda is produced in Guangdong, and Xindazhou Honda is produced in Shanghai.
Extended information
About Wuyang Honda
Wuyang-Honda Motorcycle (Guangzhou) Co., Ltd. is a joint venture between Guangzhou Automobile Group Co., Ltd. and Honda Motor Co., Ltd. Co., Ltd. and Honda Giken Industry (China) Investment Co., Ltd. *** jointly invested in a Sino-Japanese joint venture established in 1992 with a contract period of 30 years and a registered capital of US$30 million. China and Japan each hold 50 shares. The company integrates R&D, manufacturing and sales and is one of the largest motorcycle manufacturing companies in China. At present, the company's factory covers an area of ??320,000 square meters, with a construction area of ??108,000 square meters, and a production capacity of more than 1 million vehicles.
About New Continent Honda
New Continent Honda Motorcycle Co., Ltd. was established in 2001 by New Continent Holdings Co., Ltd., Japan Honda Giken Industry Co., Ltd., and Honda Giken Industry (China) Investment Co., Ltd. was invested and established with a registered capital of US$130 million. The equity ratio of China and Japan is 50% each.
Reference: Baidu Encyclopedia: Wuyang Honda
Reference: Baidu Encyclopedia: Xindazhou Honda